This paper examines partial privatization in a price-setting mixed duopoly model to reassess the welfare effect of production subsidies. The paper considers both substitute and complementary goods. The paper demonstrates that the result of price competition with complementary goods is...

This paper examines a quantity-setting mixed triopoly model comprising a profit-maximizing firm, a partially cooperating firm and a socially concerned firm to reassess the environmental effect of an increase in ambient charges. The paper demonstrates that an increase in the ambient charge can...

This paper examines a mixed Cournot duopoly model comprising a private firm and a partially privatized public firm to reassess the effect of an increase in ambient charges, and demonstrates that the result of this study is about the same as that obtained from private Cournot duopoly competition.

Nonpoint pollution arises from dispersed sources and lacks direct monitoring. Observing individual abatement levels or discharges is generally impractical. This paper addresses the economic incentives for controlling nonpoint pollution, which differs from point source pollution due to...

This paper explores a price-setting oligopoly game where labor-managed firms have the option to provide lifetime employment as a strategic commitment. The game unfolds in two stages. In the first stage, each firm independently and simultaneously decides whether to provide lifetime employment as...

Over the past approximately 30 years, many researchers have examined oligopoly models where firms endogenously select the timing of their action decisions. Therefore, this paper studies a mixed triopoly model featuring competition between a labour-managed firm, a capitalist firm and a...

This paper examines price-setting duopoly games with production subsidies and shows that the optimal production subsidy, profits and economic welfare are identical irrespective of whether (i) a public firm and a private firm simultaneously and independently set prices, (ii) the public firm acts...

This paper first examines a price-setting mixed duopoly game with production subsidies where a public firm acts as a leader against a private firm. Second, the paper examines a price-setting duopoly game with production subsidies where the public firm remains a leader after privatization. Third,...

This paper investigates a mixed duopoly model in which there is a state-owned firm competing with a foreign joint-stock firm. The following situation is considered. In the first period, each firm non-cooperatively decides how many it sells in the current market. In addition, each firm can hold...

This study examines a price-setting mixed duopoly with production subsidies and demonstrates that under the optimal production subsidy of each of substitutive, independent and complementary goods, profits and economic welfare are respectively identical in the three regimes of (i) a public firm...